PUBLISHER: Orion Market Research | PRODUCT CODE: 1159285
PUBLISHER: Orion Market Research | PRODUCT CODE: 1159285
Global Disabled Fitness Platform Market Size, Share & Trends Analysis Report by Application (Exercise & Weight Loss, Diet & Nutrition, and Activity Tracking), by Operating System (Android and iOS), and by Device (Smartphones, Tablets, and Wearables) for the Forecast Period (2022-2028)
The global disabled fitness platform market is anticipated to grow at a substantial CAGR of 21.3 % during the forecast period. The availability of wearables devices such as smartwatches & fitness trackers, google glass, orcam, virtual reality headsets, and other devices are expected to drive the market growth. Furthermore, Wearable technology has long been used to improve the lives of people with disabilities. In the coming years, more developments in this field are anticipated to further enhance the quality of life, healthcare, and rehabilitation of all people, including those with disabilities.
The global disabled fitness platform market is segmented based on the application, platform, and device. Based on the application, the market is segmented into exercise & weight training, diet & nutrition, and activity training. Based on the operating system, the market is sub-segmented into android and IOS. Based on the device type, the market is augmented into smartphones, tablets, and wearables. Among device type segments, the smartphones segment is anticipated to hold a prominent share in the market due to the increasing penetration of smartphones across the globe is propelling the growth of the market. For instance, according to Pew Research, smartphone ownership (85%) and home broadband subscriptions (77%) have increased in 2021 among American adults since 2019 - from 81% and 73% respectively.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North America region is projected to hold a considerable market share over the forecast, due to the rapid adoption of health monitoring devices among individuals and people with disabilities. Moreover, the high penetration of smartphones along with the availability of well-developed internet connectivity is another factor contributing to the disabled fitness platform market.
The major companies serving the global disabled fitness platform market include Apple Inc., Adaptive Yoga Live CIC, Champion's Rx, Disabled But Not Really, Evolve21, Exercise Buddy, LLC, Fresh Air Fitness, Hulu, LLC, Kakana, Special Olympics, YouTube, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, Evolve 21 is the first inclusive fitness app for disabled people and was launched by the Cerebral Palsy Foundation (CPF), US. There are specialized disability fitness workouts for people with limited mobility and the exercise videos are demonstrated by coaches who have a disability of some kind. The workouts are designed in such a way that people with and without disabilities can do them together.
Research Methodology
The market study of the global disabled fitness platform market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, the intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: